Been approached for railroad right of way? - The HuntingPA.com Outdoor Community
 
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post #1 of 2 (permalink) Old 08-16-2009, 12:58 AM Thread Starter
Diehard Outdoorsman
 
Join Date: Aug 2004
Location: Washington PA
Posts: 4,887
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Been approached for railroad right of way?

Last week we were approached about purchasing a 66 foot railroad right of way through our place. They are now planning to use tanker rr cars to haul the butane and acetalene. The tractor trailers must not be able to keep up.
They want to use our industrial zoned frontage.

Any idea what that is worth?
-SL

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post #2 of 2 (permalink) Old 08-16-2009, 01:45 PM
Sage
 
Join Date: Oct 2003
Location: Franklin County
Posts: 24,796
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Re: Been approached for railroad right of way?

Seek the advise of professionals. That not only includes an atorney, but a real estate professional with years of experience in commercial real estate.

Found this, you can take a look at the references as a start:

http://www.rightofway.com/corridor.html

Is your position a short term gain - or a long term loss? Separate the issues.
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